E-trucks have the edge over H2 trucks
In a recent analysis, the Fraunhofer ISI institute assumes that battery-electric drives will also become the norm for heavy-duty commercial vehicles. Fuel cells are still a niche option. The decisive factor for switching to battery-electric vehicles is their energy cost... more
Topocean under a new flag
Kerry Logistics is taking over Topocean Consolidation Service in Los Angeles, which is owned by Robert Chin Yang Wang and Andy Hsien Cheng Wang. Topocean specialises in international freight forwarding and logistics services. Kerry has agreed to acquire initially 70% of the... more
Animal rescue: Etihad Cargo starts ‘Forever Home’
Etihad Cargo, the cargo and logistics arm of the Etihad Aviation Group, has launched ‘Forever Home’ to support not-for-profit live animal at risk transportation. The new policy enables the UAE’s national carrier to consider requests from bona fide rescue and animal welfare... more
Eimskip took the cake in 2021
Iceland-based shipping group Eimskip has reported its figures for 2021. While revenues rose by a significant 32.1% to EUR 882.7 million (EUR 668.3 million in 2020), adjusted ebitda took a leap of 85% to reach EUR 114.3 million (EUR 61.7 million in 2020). The container liner... more
Bis Henderson hires Emily Cozens
In UK, warehouse space strategist Bis Henderson Space has appointed Emily Cozens as business development manager for the north of the country. Her appointment is the latest in a phased recruitment drive to support plans for significant, sustainable growth of the business and... more
Kick-off for EUR 1.2 billion rail programme
The research and development programme “Europe's rail joint undertaking” was officially launched at the European Railway Summit in Paris, France, this week. The aim of Europe’s largest programme for rail transport, valued at EUR 1.2 billion, is to create an integrated,... more
Better facilities for pharma distribution
German operator Simon Hegele is strengthening its infrastructure for the distribution of pharmaceutical products at its locations in Karlsruhe and Frankfurt/Raunheim. The project also includes applying for and obtaining GxP licences and hiring about 200 employees in the next... more
Second B737-800 BCF for Bluebird Nordic
Avia AM Leasing, a global aviation holding company specialising in tailored aircraft leasing and trading services, has announced the delivery of a second B737-800 Boeing converted freighter to Bluebird Nordic – a rapidly growing Iceland-based cargo airline, offering ACMI and... more
Direct Connect goes for Performance
It is an American marriage: Indianapolis-headquartered 3PL Direct Connect Logistix (DCL) is acquiring Utah-based company Performance Logistics. The financial terms of the transaction were not disclosed. Performance Logistics, a third-party logistics company specialising in... more